TradingView
colibritrader
Mar 25, 2018 6:04 PM

EURUSD Trading Idea Long

Euro Fx/U.S. DollarFXCM

Description

I am currently looking at EURUSD and it seems like we might be about to see a continuation of the uptrend.

The price has formed a bullish engulfing pattern on the daily timeframe. This pattern is preceded by another bullish engulfing pattern that formed in the previous two trading sessions.

I will be waiting for the EURUSD open to see if there would be an opportunity to go long.

Then, I will be looking how the price will react to the 1.2500-1.2600 levels and decide if I want to take profits or let the trade run.

More